Calculators/Excel Templates for Flippers

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Calculators/Excel Templates for Flippers

Corbin Grimes
Member since 2019 · 15 posts · 4 votes

Hey all,

Do any of you have an excel spreadsheet that you have used successfully for your flipping business? Looking for something that helps factor in all variables, fixed costs, interest paid on hard money loans, reno costs, etc etc. 

I know there are lots of web based tools, but those are pretty hard wired. Looking for an Excell template we can tweak four our needs and run scenarios in.
Thanks in advance! :)

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Mike Burkett
Lender · Colorado Springs, CO · Member since 2018 · 241 posts · 98 votes
6y

@Corbin Grimes  I've got a spreadsheet I built to analyze flips and buy and hold.  It is an Excel spreadsheet.  All cells are unlocked.  Happy to send you a copy.  Send me an email if you would like it.

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  • David RobertsonBusiness Member
    Flipper/Rehabber · Kansas City, MO · Member since 2010 · 757 posts · 778 votes
    6y

    Hi Corbin,

    Have you checked the BP File place? 

    https://www.biggerpockets.com/files

    I have uploaded my own spreadsheet file to my BP Fileplace which has an analyzer and estimator tool if you want to check it out:
    https://www.biggerpockets.com/files/user/drobertson/file/house-flipping-spreadsheet-6-lite

    FlipperForce
    WebsiteView Page
    2Reply
  • Corbin Grimes
    OP
    Member since 2019 · 15 posts · 4 votes
    6y

    Thanks Dave! What is the difference between what you just sent me above and your $127 basic option? Happy to pay for this great sheet if I can get a sense of what it includes above/beyond the other version. Also, was looking at the Flipper Force web based solution/subscription. I don't think we will need the PM software piece or accounting piece as we intend to use different software for that purpose unless you can make a compelling reason not to, lol. :) For now, we are just getting into flipping and are trying to run some hypothetical scenarios though a calculator to rough out costs and estimated ROI for our first wholesale flip.

    Thanks for any guidance you can provide!

    1Reply
  • Corbin Grimes
    OP
    Member since 2019 · 15 posts · 4 votes
    6y

    @David Robertson see above

    0Reply
  • David RobertsonBusiness Member
    Flipper/Rehabber · Kansas City, MO · Member since 2010 · 757 posts · 778 votes
    6y

    Hi Corbin,

    The spreadsheet I have uploaded in the BP file place is our Lite Version which includes the Rehab Analyzer & Estimator tools for analyzing rehab deals & estimating rehab costs.

    The Basic Version you mentioned adds in Reporting so it basically takes the data you enter into both of those tools and generates a printer friendly Investment Report & Estimate Reports that you can print and give to your business partners or lender.

    As far as Project Management, there are plenty of general Construction Management software solutions available for managing new home builds, remodeling projects, etc, but often times those tools are specifically built for Contractors that are working with homeowners.  

    Our software is specifically built for rehabs from a house flipper's perspective.  I could elaborate more, but don't want to violate the BiggerPockets posting rules.  Feel free to reach out in a PM or find me in chat in our software.  Thanks!

    FlipperForce
    WebsiteView Page
    0Reply
  • Corbin Grimes
    OP
    Member since 2019 · 15 posts · 4 votes
    6y

    @David Robertson Ok this is super helpful, thank you so much!

    0Reply
  • Mike Burkett
    Lender · Colorado Springs, CO · Member since 2018 · 241 posts · 98 votes
    6y

    @Corbin Grimes  I've got a spreadsheet I built to analyze flips and buy and hold.  It is an Excel spreadsheet.  All cells are unlocked.  Happy to send you a copy.  Send me an email if you would like it.

    8Reply
  • Ismail Ademola Oyetunde
    Member since 2022 · 2 posts · 0 votes
    4y
    Quote from @Mike Burkett:

    @Corbin Grimes  I've got a spreadsheet I built to analyze flips and buy and hold.  It is an Excel spreadsheet.  All cells are unlocked.  Happy to send you a copy.  Send me an email if you would like it.


     Yes, I want 

    0Reply
  • Ismail Ademola Oyetunde
    Member since 2022 · 2 posts · 0 votes
    4y
    Quote from @David Robertson:

    Hi Corbin,

    Have you checked the BP File place? 

    https://www.biggerpockets.com/files

    I have uploaded my own spreadsheet file to my BP Fileplace which has an analyzer and estimator tool if you want to check it out:
    https://www.biggerpockets.com/files/user/drobertson/file/house-flipping-spreadsheet-6-lite


     Can you provide the protected password?

    0Reply
  • Eliott Elias
    Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
    4y

    I have one I’m happy to share for flips. DM me 

    0Reply
  • Edel Hidalgo
    Member since 2024 · 1 post · 0 votes
    2y

    Hey David Robertson

        How can I unprotecte the spreadsheet? what is the password?

        Thanks 
        Edel
        0Reply
      • Nir Rozenberg
        Member since 2023 · 1 post · 0 votes
        2y
        Quote from @Mike Burkett:

        @Corbin Grimes  I've got a spreadsheet I built to analyze flips and buy and hold.  It is an Excel spreadsheet.  All cells are unlocked.  Happy to send you a copy.  Send me an email if you would like it.


         Yes i would. Thx

        0Reply
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